TWO HOMES. ONE PARCEL. ENDLESS POSSIBILITIES. This unique property offers an exceptional opportunity for investors or buyers looking for additional living space and income potential. Situated on one parcel are two separate homes, providing flexibility for rental, multi-generational living, or a combination of both. The front home offers 4… Read More bedrooms and 1 full bathroom across three spacious levels. The first floor features a large kitchen and living room area. The second floor includes two bedrooms and a full bathroom, while the third floor offers two additional bedrooms. The home has plenty of space and character, with cosmetic updates needed to bring it back to its full potential.
Tucked privately back in the woods, the second home features 2 bedrooms and 1 full bathroom, offering a unique opportunity for additional rental income, guest accommodations, or private living space. Assuming a combined rental income of $2,000 per month, the property could generate approximately $24,000 in gross rental income annually and $240,000 over 10 years. At a purchase price of $75,000, this represents a projected 32% gross annual rental return. Over a 10-year period, gross rental income less the initial purchase price would equal approximately $165,000 in projected gain, before expenses, renovation costs, vacancy, taxes, insurance, maintenance, utilities, management, and financing. With two homes, six total bedrooms, two full bathrooms, three stories in the main home, and a private wooded setting, this property offers a rare opportunity to create substantial value. Bring your vision, complete the cosmetic improvements, and unlock the potential this property has to offer. Sold as-is. Read Less
Courtesy of Jessica Payne, COLDWELL BANKER REALTY 724-327-0123
Listing Snapshot
Days Online
19
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
1
Lot Size
0.2 Acres
Year Built
1900
MLS Number
1771000
Additional Details
Building
Built in 1900, Levels: ThreeOrMore, Construction Materials: Stucco
Floors
Carpet, Laminate
Heating
ForcedAir, Gas
Lot
0.2 acres, Dimensions: 45x176x57x165
Parking
OnStreet
Pool
None
Property
Resale
Roof
Composition
Sewer
PublicSewer
Taxes
Annual Amount: $2,667, Assessed Value: $63,600
Utilities
Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.